Major indexes withstand oil and yield spikes, Mark Minervini notes

Major indexes withstand oil and yield spikes, Mark Minervini notes
Markets steady amid oil, rate surge

Mark Minervini, independent trader and educator at Minervini Private Access, observes that the market's ability to handle a significant spike in oil prices and interest rates led to an unsurprising rally this morning.

Despite the 10-year Treasury yield rising to nearly 5 percent and oil climbing more than 7 percent, major market averages managed to absorb the pressure relatively well.

Minervini has previously commented on patterns in specific market instruments, recently sharing insights on an analog for the SPCX chart and its implications. He also provided a market report for August 30, 2026 focused on analysis and outlook for his community. Both reports contribute context to his ongoing market assessments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.